Management
Business Trends: Managing risk and uncertainty: The importance of optimizing your value chain
No doubt exists that COVID-19 is disrupting the oil and gas industry. Oil prices are falling, demand is down, supply is up, and storage capacity is limited. In these difficult times, the industry must swiftly act to keep business viable to come back strong when conditions improve.
Executive Viewpoint: How to develop a successful asset management strategy during the coronavirus downturn
The coronavirus (COVID-19) has disrupted all sectors of the oil and gas industry, including asset management.
People
The Marathon Petroleum Corp. board of directors has elected John P. Surma to serve as non-executive Chairman.
Advanced cooling tower water treatment—Part 1
Refineries, petrochemical plants and similar facilities rely on a significant number of heat exchangers for process control and product formulation throughout the plant.
Inspection: Establish an inspection plan for flare burners
Flares are prominent in hydrocarbon processing operations. From afar, they can be spotted burning with a high or low flame, supported by a tall steel structure
Reliability: A good time to do reliability upgrading from home
An experienced writer of technical procedures for many years, “KM” recently gave us a stunning glimpse of the probable volume of “ripe, low-hanging fruit” that still exists in some hydrocarbon processing facilities, ready to be harvested from home.
Shell improves asset management of instrumentation through digital transformation
In May 2019, ARC Advisory Group hosted a meeting of the European Digital Transformation Council (DTC) in conjunction with the ARC Industry Forum in Barcelona, Spain.
Highlights from a maintenance and reliability audit
Staffers in many plants in modern industry are assigned to job functions related to reliability assessment and implementation.
Refinery tower inspections: Discovering problems and preventing malfunctions
A previous survey identified installation mishaps to be one of the top five causes of tower malfunctions.
People
The board of directors of Haldor Topsoe A/S has appointed Roeland Baan as new CEO as of June 1.
- MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary 5/15
- ExxonMobil completes annual maintenance at Joliet (U.S.) refinery 5/15
- China's CNCEC to build 300,000-bpd Al-Faw refinery in Iraq 5/15
- Itochu to buy green ammonia from HIVE's $5.9-B Coega facility 5/15
- Higher refinery costs could increase summer gasoline prices says US EIA 5/15
- Nextchem completes acquisition of GasConTec, adding new low-carbon hydrogen/methanol to portfolio 5/15